Facebook, Sheryl Sandberg Attempt to Return to Normal

NEW YORK (TheStreet) -- Facebook (FB) is trying to get back to normal daily operations, as the company's COO Sheryl Sandberg returned to work after her husband's untimely death.

Sandberg will alter her hours slightly, only working while her two children are at school, and she will not travel for work for the time being. According to a story by Re/Code's Kara Swisher, Sandberg chose to return to work in order to get back to a regular schedule and help her children cope.

While the Menlo Park, Calif.-based company deals with Sandberg's alternate schedule, some may be concerned since Sandberg is so central to Facebook's operations, but others will likely fill gaps as needed.

"Firms which are too dependent on a single person are bound to run into trouble," said Christian Stadler, Associate Professor of Strategic Management at Warwick Business School. "I don't know whether that is the case for Facebook as we have to distinguish between public perception and what's really going on within a company. I spent over a decade studying companies which succeeded for over a hundred years, and one characteristic of these companies was that they were not too dependent on a charismatic leader."

Sandberg's husband Dave Goldberg, the former CEO of SurveyMonkey, which recently raised money at a $2 billion valuation, passed away ten days ago while the family was on vacation in Mexico. He incurred a head injury in a treadmill accident.

Last Tuesday, Sandberg paid respects to her late husband on Facebook, thanking her friends and family for their love and support:

"Dave was my rock. When I got upset, he stayed calm. When I was worried, he said it would be ok. When I wasn't sure what to do, he figured it out. He was completely dedicated to his children in every way - and their strength these past few days is the best sign I could have that Dave is still here with us in spirit."

The company's Hacker Square will hold a moment of silence today in honor of Goldberg, according to Swisher, after which Sandberg will transition back to work.

Facebook had no official comment for this story.

Facebook shares have been down about 7% since the company reported its first-quarter earnings on April 22, but shares are still up 30% year-over-year. Facebook reported revenue of $3.54 billion and non-GAAP earnings of 42 cents a share.

Shares fell 0.62% to close at $78.03, as the broader equity markets pulled back following strong gains on Friday after the U.S. Labor Department announced the U.S. added 223,000 jobs in April.

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